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Oct 31, 2012
10/12
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tom wilson is ceo of allstate insurance and joins us now exclusively after reporting earnings. what timing, tom. >> hi, maria. how are you? >> i'm doing okay. i want to get to your earnings in a moment but here we are in terms of insurance being on the front center given the fact that so much destruction has occurred. let me talk about andy before we get into the earnings, tom. lot of people wondering what kind of damage we're expecting. how do you see it? >> well, this is a massive storm, maria. there's two things that drive a storm, the damages, one is how big is it and the second is how fast is the wind spin. in this case this storm is just massive. it's about twice the size geographically of katrina, that's the bad news. the good news is that its wind speeds were about two-thirds of what katrina was and that's sort of an exponential impact so there should be a lot less damage but it's much wider spread so there's as you know this is just a massive storm and there's a lot of work to be done. >> absolutely. i want to point out we are looking at pictures while you and i chat o
tom wilson is ceo of allstate insurance and joins us now exclusively after reporting earnings. what timing, tom. >> hi, maria. how are you? >> i'm doing okay. i want to get to your earnings in a moment but here we are in terms of insurance being on the front center given the fact that so much destruction has occurred. let me talk about andy before we get into the earnings, tom. lot of people wondering what kind of damage we're expecting. how do you see it? >> well, this is a...
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Oct 31, 2012
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up next we have allstate's ceo coming up, a lot more on the post sandy edition of "the closing bell." >>> coming up, back to business. an historic reopening of wall street and we have all the angles covered from every exchange. who won, who lost and what companies rose above a very shaky october for the markets? >>> plus taking stock. despite sandy's path of destruction, there are lots of big earnings. we catch you up on reporting results. we bring you the latest numbers and analysis from our market experts. and is sandy a case for big government? why some are using the superstorm to say big government really is better. we separate the fact from fiction of that argument. that's all ahead on this special edition of "the closing bell." customer erin swenson bought from us online today. so, i'm happy. sales go up... i'm happy. it went out today... i'm happy. what if she's not home? (together) she won't be happy. use ups! she can get a text alert, reroute... even reschedule her package. it's ups my choice. are you happy? i'm happy. i'm happy. i'm happy. i'm happy. i'm happy. happy. happy.
up next we have allstate's ceo coming up, a lot more on the post sandy edition of "the closing bell." >>> coming up, back to business. an historic reopening of wall street and we have all the angles covered from every exchange. who won, who lost and what companies rose above a very shaky october for the markets? >>> plus taking stock. despite sandy's path of destruction, there are lots of big earnings. we catch you up on reporting results. we bring you the latest...
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Nov 3, 2012
11/12
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that's allstate's stand. are you in good hands? so, maybe you're trying to fiwell, let me give it a shot. if you're ok with marylanders spending five hundred and... fifty million a year gaming in other states, fair enough. but if you think we should keep that money here... add twelve thousand jobs, and generate millions for schools... well you should probably vote for question seven. because if it doesn't pass, all of this goes away. that's why the post called seven, common sense. but decide for yourself. >>> with the election neck and neck, how did some of the nicest people in the country end up with some of the meanest politics? crucial swing state wisconsin is already battle weary after the contentious recall vote of their governor scott walker, and now, it's become a battleground. battleground wisconsin. here's "nightline" co-anchor bill weir for your voice, your vote. >> paul ryan heads back to his home state. >> reporter: ramble through the midwest these days and the old real estate agent's mantra of location, location, locat
that's allstate's stand. are you in good hands? so, maybe you're trying to fiwell, let me give it a shot. if you're ok with marylanders spending five hundred and... fifty million a year gaming in other states, fair enough. but if you think we should keep that money here... add twelve thousand jobs, and generate millions for schools... well you should probably vote for question seven. because if it doesn't pass, all of this goes away. that's why the post called seven, common sense. but decide...
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that's allstate's stand. are you in good hands? >>> with the election neck and neck, how did some of the nicest people in the country end up with some of the meanest politics? crucial swing state wisconsin is already battle weary after the contentious recall vote of their governor scott walker, and now, it's become a battleground. battleground wisconsin. here's "nightline" co-anchor bill weir for your voice, your vote. >> paul ryan heads back to his home state. >> reporter: ramble through the midwest these days and the old real estate agent's mantra of location, location, location takes on a whole new meaning. for example. these voters -- they are worth their weight in electoral college gold because they live in swing state wisconsin. meanwhile, way over here in illinois, this place is a deep blue foregone conclusion. no matter what these leaf raking romney fans do. >> most of the state of illinois is going to be red but chicago's going to be blue. just going to go blue. i understand the electoral college. it's a little different s
that's allstate's stand. are you in good hands? >>> with the election neck and neck, how did some of the nicest people in the country end up with some of the meanest politics? crucial swing state wisconsin is already battle weary after the contentious recall vote of their governor scott walker, and now, it's become a battleground. battleground wisconsin. here's "nightline" co-anchor bill weir for your voice, your vote. >> paul ryan heads back to his home state. >>...
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Nov 3, 2012
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that's allstate's stand. are you in good hands? the country can take. one is a path represented by the president, which, at the end of four years, t'd mean we'd have $20 trillion in debt. i'll get people back to work with 12 million new jobs. i'm gonna make sure that we get people off of food stamps not by cutting the program but by getting them good jobs. i'll work with you. i'll lead you in an open and honest way and to make sure that we all together maintain america as the hope of the earth. i'm mitt romney, and i approve this message. >>> with the election neck and neck, how did some of the nicest people in the country end up with some of the meanest politics? crucial swing state wisconsin is already battle weary after the contentious recall vote of their governor scott walker, and now, it's become a battleground. battleground wisconsin. here's "nightline" co-anchor bill weir for your voice, your vote. >> paul ryan heads back to his home state. >> reporter: ramble through the midwest these days and the old real estate agent's mantra of location, loc
that's allstate's stand. are you in good hands? the country can take. one is a path represented by the president, which, at the end of four years, t'd mean we'd have $20 trillion in debt. i'll get people back to work with 12 million new jobs. i'm gonna make sure that we get people off of food stamps not by cutting the program but by getting them good jobs. i'll work with you. i'll lead you in an open and honest way and to make sure that we all together maintain america as the hope of the earth....
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Oct 30, 2012
10/12
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now backed by allstate. click or call. esurance. now backed by allstate. customer erin swenson bought so, i'm happy. today. sales go up... i'm happy. it went out today... i'm happy. what if she's not home? (together) she won't be happy. use ups! she can get a text alert, reroute... even reschedule her package. it's ups my choice. are you happy? i'm happy. i'm happy. i'm happy. i'm happy. i'm happy. happy. happy. happy. happy. (together) happy. i love logistics. >>> 5.7 million people are without power. 13 people have died. and big cities up and down the eastern seaboard are going to be virtually shut down again tomorrow from new york and boston, philadelphia, and more. let's check in with nbc meteorologist bill karins for the very latest on sandy. bill, good evening once again. >> we're still trying to recover from that high tide cycle, chris, that caused all the devastation and destruction. all the way from areas of long island southwards down through the new york city area. the breezy point area of queens, and the rockaways, some of the hardest hit regio
now backed by allstate. click or call. esurance. now backed by allstate. customer erin swenson bought so, i'm happy. today. sales go up... i'm happy. it went out today... i'm happy. what if she's not home? (together) she won't be happy. use ups! she can get a text alert, reroute... even reschedule her package. it's ups my choice. are you happy? i'm happy. i'm happy. i'm happy. i'm happy. i'm happy. happy. happy. happy. happy. (together) happy. i love logistics. >>> 5.7 million people...
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Oct 31, 2012
10/12
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some of the ones i cover - allstate, chubb, hartford and travelers - the balance sheets on these guys are actually phenomenally, phenomenally strong. there is definitely some potential downside here, but i wouldn't really see anything probably more than a 5% pullback. if these stocks really are volatile, and get hit later today, then you know what i would do? i would be a buyer. i would watch for option volatility to be enormous. it might be a great time to buy stock, maybe sell some upside calls. > > good to have you on the show this morning. that's scott bauer of trading advantage. don't go anywhere. coming up next, which way will the market move? that's next in chart talk. traders are poised to get back on the job today. one of those traders is dan deming of stutland equities. good morning to you, dan. > > good morning angie. > > what's it been like being off for a couple of trading days here? > > it's kind of a very bizarre extended weekend. we haven't encountered this really going back to, i guess, 9/11, but prior to that it's been probably 20-some years for the market to be clos
some of the ones i cover - allstate, chubb, hartford and travelers - the balance sheets on these guys are actually phenomenally, phenomenally strong. there is definitely some potential downside here, but i wouldn't really see anything probably more than a 5% pullback. if these stocks really are volatile, and get hit later today, then you know what i would do? i would be a buyer. i would watch for option volatility to be enormous. it might be a great time to buy stock, maybe sell some upside...
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Oct 29, 2012
10/12
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companies like allstate and travelers are all going to be there taking losses. on the commercial property side as well with flooding there'll be some losses. but you have to remember, this is the business that these companies are -- this is what they do. they'll be prepared to help their policyholders. they'll often buy a lot of reinsurance. their balance sheets are actually pretty strong, particularly after what has been a benign year to date. i would assume the stocks would be weak when they open on wednesday, presumably. but that's probably a buying opportunity. you have to remember that that's what these companies do. >> have you taken a look to see which companies actually have the best reserves at this point? >> you know, i think actually -- >> is there one that stands out? >> chubb is a very high quality company that's going to take some losses here but probably the one with the strongest balance sheet. >> cliff, good to hear from you today. thanks so much for coming on. >> thank you. >> brian kelly, you have a trade on any of this on a day when, you know
companies like allstate and travelers are all going to be there taking losses. on the commercial property side as well with flooding there'll be some losses. but you have to remember, this is the business that these companies are -- this is what they do. they'll be prepared to help their policyholders. they'll often buy a lot of reinsurance. their balance sheets are actually pretty strong, particularly after what has been a benign year to date. i would assume the stocks would be weak when they...
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Oct 29, 2012
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sandy will be, but they say the companies with the most exposure include: liberty mutual, travelers, allstate, and chubb. auden thinks those firms will be able to shoulder a financial hit if the storm's damage mirrors that of irene. >> with every event companies gather more information on potential losses, so catastrophe losses become much more sophisticated. companies use those to measure aggregation of losses and potential losses from a given event. >> reporter: damage from wind, falling trees, and rain coming through roofs is covered by standard insurance policies. but analysts fear much of the damage from sandy to homes and businesses is likely to come from storm surge flooding which isn't. the insurance information institute estimates roughly 300,000 homes in the northeast could be vulnerable to this type of event. but the institute is optimistic many homeowners have flood insurance. >> nothing sells flood coverage like a flood and when hurricane irene hit last year there was widespread flooding throughout the northeast and many people did go out and buy flood insurance policies after th
sandy will be, but they say the companies with the most exposure include: liberty mutual, travelers, allstate, and chubb. auden thinks those firms will be able to shoulder a financial hit if the storm's damage mirrors that of irene. >> with every event companies gather more information on potential losses, so catastrophe losses become much more sophisticated. companies use those to measure aggregation of losses and potential losses from a given event. >> reporter: damage from wind,...
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Oct 30, 2012
10/12
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to answer your question, who is best positioned, allstate, travelers and chub, pricing has been rising in the sector. investors are getting more optimistic. driving 8%, 9% in a number of lines of businesses in these companies. this is probably going to be an opportunity. if you look forward a week or two for the companies to report and sort of them, you know, the facts coming in basically to provide a floor under the stock. if you look forward to that point there will be a great buying opportunity because these stocks have underlying fundamental momentum for recovering earnings in 2013 and this will be a chance for investors to be able to buy, you know, sort of get back into these even though they late her a run. >> jon najarian, you have a question? >> from one of our traders, that would be great, thank you. most of us would believe chub customers would probably be the stickiest and are obviously paying the largest premiums of that group, travelers and all state. would chub be your number one pick in that group then for that reason? >> well, you know, i think chub is a fantastic stock
to answer your question, who is best positioned, allstate, travelers and chub, pricing has been rising in the sector. investors are getting more optimistic. driving 8%, 9% in a number of lines of businesses in these companies. this is probably going to be an opportunity. if you look forward a week or two for the companies to report and sort of them, you know, the facts coming in basically to provide a floor under the stock. if you look forward to that point there will be a great buying...
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Oct 28, 2012
10/12
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every six months without an accident, allstate sends a check. ok. [ voice of dennis ] silence. are you in good hands? >>> if brothers are are are. >>> if l. will will will if broshes if he gives his passport applications or records i will give to a charity of his choice, inner city children of chicago, american cancer society, aids research, anything he wants, a check immediately for $5 million. >> when you take a look at colin powell o you have to wonder whether that is an endorsement based on issues or he has a slightly different reason for preferring president obama. when you have somebody of your own race that you are proud of being president of the united states i applaud colin for standing with him. >> geraldo: in the supercharged preelection climate the comments by donald trump and john i sanunu have some crying racism. the associated press running a story right now that says 51% of americans now express a up from 48% in 2008.ck is that complicating the president's rekey election efforts? >> i just don't think that we know, geraldo. i think that when people oft oen wonde
every six months without an accident, allstate sends a check. ok. [ voice of dennis ] silence. are you in good hands? >>> if brothers are are are. >>> if l. will will will if broshes if he gives his passport applications or records i will give to a charity of his choice, inner city children of chicago, american cancer society, aids research, anything he wants, a check immediately for $5 million. >> when you take a look at colin powell o you have to wonder whether that is...
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Oct 28, 2012
10/12
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now backed by allstate. click or call. >>> this is my workout every day. >> you want to know what's funny, the island that i'm from usually the girls, about five or six start learning how to cook rice. so my sister, i told all my sisters, i got them beat. y'all cooking like maybe ten cups at a time. i do 150 pounds. five-star meal right here. we might have cleaned this corn. same corn we cleaned. corn we picked. shucked, bagged. loaded up. >> good thing we did a good job on it. >> mm-hmm. >> despite the differences in both age and race, cell mates scott parker and alvin mchellon have come to think of each other more as family than friends. for the past few months, they have shared a small cell in the close management or confinement unit at the santa rosa correctional institution. but mchellon may soon be leaving for the general population compound. the prison's internal classification team has recommended the transfer. but it must still be approved by a state classification officer. >> today is supposed to b
now backed by allstate. click or call. >>> this is my workout every day. >> you want to know what's funny, the island that i'm from usually the girls, about five or six start learning how to cook rice. so my sister, i told all my sisters, i got them beat. y'all cooking like maybe ten cups at a time. i do 150 pounds. five-star meal right here. we might have cleaned this corn. same corn we cleaned. corn we picked. shucked, bagged. loaded up. >> good thing we did a good job on...
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Nov 3, 2012
11/12
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now backed by allstate. click or call. esurance. now backed by allstate. when you take a closer look... ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. introducing the new droid razr maxx hd by motorola. now more than ever droid does. >>> a flurry of new polling from the swing states today. all these polls are just released today. in colorado president obama up by four. in iowa, president obama up by four. in wisconsin president obama up by seven points. in new hampshire the president leading in six points. in ohio president obama leading in three points. in virginia president obama leading by one point. in florida president obama leading by two points. one state that's not a swing state this year but that president obama made into a swing state in 2008 is th
now backed by allstate. click or call. esurance. now backed by allstate. when you take a closer look... ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. introducing the new droid razr maxx hd by...
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Nov 3, 2012
11/12
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FOXNEWS
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it's why allstate catastrophe teams not only have hot coffee and help for grownups... they've also handed out more than twelve thousand teddy bears to kids. people come first... everything else is second. that's allstate's stand. are you in good hands? >> greta: martha mcsally is a woman on a mission. the air force veteran was the first female pilot to fly in combat, flying into iraq and actually throughout the middle east. now, her new mission, she is running for congress. the arizona republican candidate running for former representative gabrielle giffords seat. we invited congressman barbour to join us tonight and he declined due to a scheduling issue. right now, martha joins us. dean. >> thanks for having me on. >> happy to have you on and i wanted to have you on because i wanted to discuss the topic of war on women because you are a republican and the democrats talk about war on women and i have seen an ad which talks about all of the things that you doll, negative ads and both sides run negative ads. i'm curious as to your thoughts on the war on women. >> this is
it's why allstate catastrophe teams not only have hot coffee and help for grownups... they've also handed out more than twelve thousand teddy bears to kids. people come first... everything else is second. that's allstate's stand. are you in good hands? >> greta: martha mcsally is a woman on a mission. the air force veteran was the first female pilot to fly in combat, flying into iraq and actually throughout the middle east. now, her new mission, she is running for congress. the arizona...
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Oct 30, 2012
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fact, the fact that damage wasn't nearly as bad as predicted, melissa, that's good for a firm like allstate which is the number one of those publicly traded companies. >>> coming up next we continue to survey the damage in sandy's wake. another update from one of our reporters on the field. >>> plus tim seymour goes global with another pent up trade he just can't wait to make tomorrow. stay tuned. >>> to new york city mayor mike bloomberg speaking from oem headquarters. >> we saw the rockaways, lower manhattan, south shore of staten island, coney beach and provided a clear look at how extensive the damage from last night's storm was. it also showed the progress we're already making in our recovery. on the rockaway peninsula i walked through the part of breezy point that was absolutely devastated by the wind-fed fast-moving fires that took out more than 80 homes last night. to describe it is looking like pictures we've seen of the end of world war ii is not overstating it. the area was completely leveled. chimneys and foundations were all that was left of many of these homes. i actually ran
fact, the fact that damage wasn't nearly as bad as predicted, melissa, that's good for a firm like allstate which is the number one of those publicly traded companies. >>> coming up next we continue to survey the damage in sandy's wake. another update from one of our reporters on the field. >>> plus tim seymour goes global with another pent up trade he just can't wait to make tomorrow. stay tuned. >>> to new york city mayor mike bloomberg speaking from oem...
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Oct 30, 2012
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now backed by allstate. click or call. campbell's has 24 new soups that will make it drop over, and over again. ♪ from jammin' jerk chicken, to creamy gouda bisque. see what's new from campbell's. it's amazing what soup can do. >>> and the west coast is pitching in to help in the wake of sandy. members of the california air national guard's 129th rescue wing are heading east. their mission is to rescue stranded hurricane victims and deliver supplies to isolated communities. they will set up a staging area in south carolina. again, this impacted people from south carolina all the way north up to maine. >> when in tragedy, the nation comes together. we've seen that time and time again. >>> and probably to the surprise of absolutely no one, sandy is dominating social media. plenty of great pictures on facebook and twitter. here's some that got our attention over the next few hours. you know this place well. >> this is a carousel close to the brooklyn bridge. around the carousel there's a nice green area and a small, little
now backed by allstate. click or call. campbell's has 24 new soups that will make it drop over, and over again. ♪ from jammin' jerk chicken, to creamy gouda bisque. see what's new from campbell's. it's amazing what soup can do. >>> and the west coast is pitching in to help in the wake of sandy. members of the california air national guard's 129th rescue wing are heading east. their mission is to rescue stranded hurricane victims and deliver supplies to isolated communities. they will...
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Nov 1, 2012
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allstate earned $1.46 a share for the third quarter. 33 cents above estimates with revenue also beating consensus by a wide margin. the insurance company saw increased revenue from premiums as well as smaller catastrophe losses. and jda software reportedly on the verge of being acquired by new mountain. they'll pay $45 a share. a tooflgts $1.9 billion. the stock had jumped 12% yesterday on reports that the company might put itself up for sale. >> if you have comments, questions about anything you see here, squawk the at cnbc.com. still ahead, tech jobs in america, how many are really out there and are they being filled? that's coming up next. plus kate kelly will be checking the supply chain for gasoline getting in to the tri-state area. i'll have to ask her if i have to car pool back into the city after the show. ♪ [ construction sounds ] ♪ [ watch ticking ] [ engine revs ] come in. ♪ got the coffee. that was fast. we're outta here. ♪ [ engine revs ] ♪ >>> take a look at u.s. equity futures. s&p 500 would be off marginally. nasdaq would be up marginally after a relatively smo
allstate earned $1.46 a share for the third quarter. 33 cents above estimates with revenue also beating consensus by a wide margin. the insurance company saw increased revenue from premiums as well as smaller catastrophe losses. and jda software reportedly on the verge of being acquired by new mountain. they'll pay $45 a share. a tooflgts $1.9 billion. the stock had jumped 12% yesterday on reports that the company might put itself up for sale. >> if you have comments, questions about...
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Oct 30, 2012
10/12
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KGO
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now backed by allstate. click or call. campbell's has 24 new soups that will make it drop over, and over again. ♪ from jammin' jerk chicken, to creamy gouda bisque. see what's new from campbell's. it's amazing what soup can do. >>> and the west coast is pitching in to help in the wake of sandy. they're heading east. their mission is to rescue stranded hurricane victims and deliver supplies to isolated communities. they will set up in a staging area in south carolina. again, this impacting people from south carolina all the way north up to main. >> but in tragedy the nation comes together time and time again. here we go. and probably to the surprise of absolutely no one, sandy is dominated social media. plenty of pictures out there on facebook and twitter and here's some that got our attention over the last few hours. you know this place well. >> this is actually a carousel close to the brooklyn bridge. right next to the carousel there's a nice green area and a small little beach. but as you can see, it's all a beach now
now backed by allstate. click or call. campbell's has 24 new soups that will make it drop over, and over again. ♪ from jammin' jerk chicken, to creamy gouda bisque. see what's new from campbell's. it's amazing what soup can do. >>> and the west coast is pitching in to help in the wake of sandy. they're heading east. their mission is to rescue stranded hurricane victims and deliver supplies to isolated communities. they will set up in a staging area in south carolina. again, this...
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Oct 31, 2012
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liberty mutual and allstate just below that with about 8%, and then chubb falling just below that with just over 7%. we should also note that a report from credit sweet said that as losses start too get into the $20 billion and $30 billion, allstate and chubb will be set to benefit from some of that, though we should note with the markets just opening today, those are definitely going to be some stocks that people will be watching as the market reopens and some of this damage is to be expected. of course, residents no doubt still reeling, and governor christie said fema will be a strong force here, no doubt, for many, many months. and he kept stressing that word, noting that this will be a very long recovery process. people are just starting to try and put the number on very early estimates. back to you. >> kayla, it looks like we're taking a few hits from your shot, but it is surprising to see the lights behind you. i don't know if you can still hear us, kayla. have they had these lights on the whole time with generators? is that a new change? looks like we're losing kayla's shot. >>
liberty mutual and allstate just below that with about 8%, and then chubb falling just below that with just over 7%. we should also note that a report from credit sweet said that as losses start too get into the $20 billion and $30 billion, allstate and chubb will be set to benefit from some of that, though we should note with the markets just opening today, those are definitely going to be some stocks that people will be watching as the market reopens and some of this damage is to be expected....
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Nov 3, 2012
11/12
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now backed by allstate. click or call. is a thrilling, dual-flavored ride to mouth fun-town. but it's not like everyone is going to break into a karaoke jam session. ♪ this will literally probably never happen. >>> welcome back. when faced with disasters like hurricane sandy, americans, you know, we always find a way to lend a hand. we're used to taking a shirt off our back for our next door neighbor, aren't we? that's just the spirit of america. that's who we are. tonight we here at nbc universal tried to do our part with the hurricane sandy coming together telethon. the hour long special was hosted by "today" show's matt lauer. and included music from new jersey natives bruce springsteen, bon jovi, long island's billy joel, and staten island-born christina aguilera. coming together to benefit the american red cross and the relief efforts for victims of the storm. nothing controversial about that whatsoever, correct? >> why the timing? why is that today? half the state of new jersey doesn't have power and can't even watch the concert. >> sure. >> is this more political? is
now backed by allstate. click or call. is a thrilling, dual-flavored ride to mouth fun-town. but it's not like everyone is going to break into a karaoke jam session. ♪ this will literally probably never happen. >>> welcome back. when faced with disasters like hurricane sandy, americans, you know, we always find a way to lend a hand. we're used to taking a shirt off our back for our next door neighbor, aren't we? that's just the spirit of america. that's who we are. tonight we here at...
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Nov 1, 2012
11/12
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now backed by allstate. click or call. >>. >> sean: polls continue to move in the right direction for governor romney and his mislead skyrocketing in crucial battleground states. we begin with the commonwealth of virginia where mitt romney is leading the president by a whopping 21 points with independents. in florida he is outpacing there by 5 percentage points and in battle state of ohio, independent voted stronger, 49% and obama is trailing 43. so will the independent vote hold the keys to the white house. here to tell us is scott rasmussen. good to see you. >> good to see you. >> sean: let's go to first of all, 52-47 the battleground poll or your poll which today is two or three for romney. >> president has been around 47% ever since the first debate. president is trailing consistently among ins. different polls assign independents different ways but we see the independent voters leaning in romney's direction. >> sean: you and gallup, i watch you guys the most. we have battleground which i think is a cred
now backed by allstate. click or call. >>. >> sean: polls continue to move in the right direction for governor romney and his mislead skyrocketing in crucial battleground states. we begin with the commonwealth of virginia where mitt romney is leading the president by a whopping 21 points with independents. in florida he is outpacing there by 5 percentage points and in battle state of ohio, independent voted stronger, 49% and obama is trailing 43. so will the independent vote hold...
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Nov 1, 2012
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analysts are suggesting firmer pricing in the insurance market next year could help allstate and others. it shares in frankfurt trade add building 0.15%. visa's fourth quarter profits beating forecasts. no make money from processing trk. via processed more than 14 billion transactions during the quarter and the decline in debit card volume has been slowing. >>> and barclays being accused for allegedly manipulating prices. the bank and four former traders are said to have carried on out the activity from 2006 to 2008. barclays says it will fight the agen agency. and politics in europe not getting any better. david cameron, rebels within his own party voted against his eu budget plan. not what cameron was hoping for. he's worried it could lead to britt continue leaving the european union. there's a sense here as britain goes through austerity why we continuously are upping the budget for the european union, right? which i think a lot of people -- >> no, but of course given all this in the run up to these budget talks, it's clear that any fractions are being exacerbated -- any frictions ar
analysts are suggesting firmer pricing in the insurance market next year could help allstate and others. it shares in frankfurt trade add building 0.15%. visa's fourth quarter profits beating forecasts. no make money from processing trk. via processed more than 14 billion transactions during the quarter and the decline in debit card volume has been slowing. >>> and barclays being accused for allegedly manipulating prices. the bank and four former traders are said to have carried on out...
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Oct 30, 2012
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if you look at some of the companies like allstate or travelers which have a lot of exposure as well, some good buying opportunities. even though the numbers are high here, potentially as high as the $20 billion range, there's enough capital to deal with this. i think it could be a buying opportunity. >> we're trying to anticipate the nature of the markets tomorrow when we open after two days being off. it's hard to assess that before it actually happens. do you think there might be a number of people who will want to raise cash and maybe want to sell in this market environment as they try and rebuild? is that going to be a trend for a while, do you think? >> well, certainly the insurance companies are going to have to raise cash because they're going to have to pay out. we'll see all sorts of markets that may have stocks for sale. it is month end as well. i think you have some portfolio rebalancing. some mutual funds have their fiscal year happening. i think the market will certainly get tested to see if they're ready for it because it's month end and the need for people to raise mon
if you look at some of the companies like allstate or travelers which have a lot of exposure as well, some good buying opportunities. even though the numbers are high here, potentially as high as the $20 billion range, there's enough capital to deal with this. i think it could be a buying opportunity. >> we're trying to anticipate the nature of the markets tomorrow when we open after two days being off. it's hard to assess that before it actually happens. do you think there might be a...
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Oct 31, 2012
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, progressive, chubb, and if you take a look, you can see allstate opened down, then rallied since, but the volumes very, very light, nothing abnormal, so if you look at all of them, most of this em -- not a lot of volume, not a lot of activity, and i will continue to drive on this theme, what i am hearing is people are sitting on their hands and don't expect a lot of movement until early next week. >> we want to bring in jim paulson, chief investment strategist, brian belski, chief strategist with bmo capital market guys. good to see you guys. jim something wrote how great does that opening bell sound? it was a good thing to have. >> i think so. ty end of the day i think this is more a human tragedy and t-term economic hit, because it wasn't a financial panic which closed the market, which a lot of closures have been panicky. but even though it was closed for four consecutive days, it was opening elsewhere. and every day we had pricing action going on somewhere. futures here, overseas market, that allowed us to keep track of where we were, so i think that took the tension out of the op
, progressive, chubb, and if you take a look, you can see allstate opened down, then rallied since, but the volumes very, very light, nothing abnormal, so if you look at all of them, most of this em -- not a lot of volume, not a lot of activity, and i will continue to drive on this theme, what i am hearing is people are sitting on their hands and don't expect a lot of movement until early next week. >> we want to bring in jim paulson, chief investment strategist, brian belski, chief...
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Oct 29, 2012
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ace limited, allstate, chubb and xl group. also travelers. >> we picked out another few stories here. obviously the stocks aren't trading but nonetheless these are things that could maybe impact stocks when they reopen for trade. one of them is facebook here. the first of three major lock-up expirations occurring today. >> that's how it closed on friday. down 42% year to date. a lot of new stock is available to be sold off when the market reopens on the second lock-up which hits november 14th as well. that's bigger than this one. the third lockup is december 14th. you want to watch if executives maybe start selling stuff. lot more facebook will be available when the markets reopen. that's the bottom line. >> lot more supply, not necessarily more demand. market forces there. . . >>> pg&e saw a 79% rise in its earnings but that headline does not tell the full story. >> this is a utility company. their margins are largely capped by regulation. right? they can't just charge what they want. they're only allowed certain fluctuations
ace limited, allstate, chubb and xl group. also travelers. >> we picked out another few stories here. obviously the stocks aren't trading but nonetheless these are things that could maybe impact stocks when they reopen for trade. one of them is facebook here. the first of three major lock-up expirations occurring today. >> that's how it closed on friday. down 42% year to date. a lot of new stock is available to be sold off when the market reopens on the second lock-up which hits...
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Nov 4, 2012
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now backed by allstate. click or call. ripping through the northeast cleanup continues. we'll be back later. ♪ >> welcome back to the journal editorial report, i'm paul gigot, well, the final weekend before the presidential election and national polls show the race in a dead heat. like many analysts, republican pollster ayers says the key to victory for either candidate rests with independents and he has new numbers to share with us. great to have you back on the program. is the race -- is the race really as tight as the polls seem to suggest? >> it is incredibly tight. just incredibly tight. what's not tight now is the standing among independents who gave barack obama an 8 point margin ever victory in 2008, 52-44. we're now showing in our latest resurgent, 51-39 for mitt romney. this is nothing new, independents have been going south on obama since the spring of 2009 after he proposed his stimulus package and a budget with a trillion dollar deficit. this is the first time in our polling that we've seen romney with a double digit lead over obama. that would be a huge t
now backed by allstate. click or call. ripping through the northeast cleanup continues. we'll be back later. ♪ >> welcome back to the journal editorial report, i'm paul gigot, well, the final weekend before the presidential election and national polls show the race in a dead heat. like many analysts, republican pollster ayers says the key to victory for either candidate rests with independents and he has new numbers to share with us. great to have you back on the program. is the race --...
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Oct 31, 2012
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now backed by allstate. click or call. because it helps you keep doing what you love. no wonder it's america's #1 selling pain reliever. you took action, you took advil®. and we thank you. lemonade and ♪ok action, you took advil®. ♪ you can help others along the way. ♪ ♪ a portion of every bottle that they sell goes to fight ♪ ♪ breast cancer and i think that's swell. ♪ ♪ the more you take, the more they'll pay, ♪ ♪ so make them write a big check today. ♪ ♪ and if you're feeling a little slow, ♪ ♪ then 5-hour energy will help you go. ♪ ♪ so buy a bottle of pink lemonade and ♪ ♪ you can help fight breast cancer today. ♪ trying to find a better job can be frustrating. so at university of phoenix we're working with a growing list of almost two thousand corporate partners - companies like microsoft, american red cross and adobe - to create options for you. not only that, we're using what we learn from these partners to shape our curriculum. so that when you find the job you want you'll be a perfect fit. let's get to work. >>> back, n
now backed by allstate. click or call. because it helps you keep doing what you love. no wonder it's america's #1 selling pain reliever. you took action, you took advil®. and we thank you. lemonade and ♪ok action, you took advil®. ♪ you can help others along the way. ♪ ♪ a portion of every bottle that they sell goes to fight ♪ ♪ breast cancer and i think that's swell. ♪ ♪ the more you take, the more they'll pay, ♪ ♪ so make them write a big check today. ♪ ♪ and if...
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Oct 29, 2012
10/12
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MSNBCW
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now backed by allstate. click or call. hey, it's sandra -- from accounting. peter. i can see that you're busy... but you were gonna help us crunch the numbers for accounts receivable today. i mean i know that this is important. well, both are important. let's be clear. they are but this is important too. [ man ] the receivables. [ male announcer ] michelin knows it's better for xerox to help manage their finance processing. so they can focus on keeping the world moving. with xerox, you're ready for real business. >>> coming up, more from the battlegrounds, colorado and wisconsin, two big battlegrounds that the campaigns will have their eyes on, i'll be joined by colorado governor john hickenlooper and wisconsin governor scott walker after the break. >> >>> back with our roundtable, i want to talk about some of the demographics that play in the campaign. but i think the economy and ohio as you heard from governor racic is really what the debate is at. what did you take away from that rachel. >> i think what's interesting is what's happened in ohio politics. looking a
now backed by allstate. click or call. hey, it's sandra -- from accounting. peter. i can see that you're busy... but you were gonna help us crunch the numbers for accounts receivable today. i mean i know that this is important. well, both are important. let's be clear. they are but this is important too. [ man ] the receivables. [ male announcer ] michelin knows it's better for xerox to help manage their finance processing. so they can focus on keeping the world moving. with xerox, you're ready...
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Oct 29, 2012
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the big east coast insurers, companies like state farm, travelers, allstate, who are hue on the list of market shaur locally. >> all right. paul, unfortunately we have to leave it there. we appreciate your time and analysis. paul newsome. simon, have you an interesting insurance play. crawford. >> larger the disaster the better company does. they do the overflow for the claims for a lot of the carriers. if you see a big concentration of claims they will benefit from it. look out for crawford. >> all right. at this point we want to revisit new york city mayor mike bloomberg with his press conference on the impact of hurricane sandy on the city. >> roughly 47,000 customers without service right now in the city of new york. we think there is a significant chance of major flooding throughout the parts of new york city. we are especially concerned about the downtown manhattan and parts of the brooklyn, coney island. we are looking at -- i think it is likely that we will be preemptively shutting down the underground networks, two networks in manhattan, fulton network, the -- bowling green
the big east coast insurers, companies like state farm, travelers, allstate, who are hue on the list of market shaur locally. >> all right. paul, unfortunately we have to leave it there. we appreciate your time and analysis. paul newsome. simon, have you an interesting insurance play. crawford. >> larger the disaster the better company does. they do the overflow for the claims for a lot of the carriers. if you see a big concentration of claims they will benefit from it. look out for...
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Oct 29, 2012
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i understand because of dangerous driving conditions, allstate highways are closed now. it's a nonemergency vehicles starting at 1:00 this afternoon. if you have to get out of your house, well, what are the alternatives? >> well, we're not writing tickets for cars. that's -- we're trying to get trucks off right now. that's our focus, and also encourage people to stay home. if you are at home and at a place that we've already asked you to leave, then any time you can leave is a good time, unless you are surrounded by water, and tonight is our most critical time, depending on the wind at high tide and high tide begins in connecticut at 10:00 p.m. and then plays itself down the coast until about midnight when people will have the highest volume in the western portion of the sound. you know, leave. we've told about 260,000 people that they should vacate where their residents are, and a good number of people are listening. >> is this a mandatory evacuation in your state? >> vacs are given on a local basis. we have told everyone to use category four maps for tonight's occurren
i understand because of dangerous driving conditions, allstate highways are closed now. it's a nonemergency vehicles starting at 1:00 this afternoon. if you have to get out of your house, well, what are the alternatives? >> well, we're not writing tickets for cars. that's -- we're trying to get trucks off right now. that's our focus, and also encourage people to stay home. if you are at home and at a place that we've already asked you to leave, then any time you can leave is a good time,...
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Oct 30, 2012
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allstate, travelers, chubs, aig, hartford, any number of those would have exposure to the northeast. >> what were the other? >> allstate, travelers, chubs, aig, hartford. >> gloria, we have to run, quick question and i know two years does not make a trend, given we have two storms in way we haven't had in many years does that change how insurance is going to be marketed for example up here? >> i don't think it's going to change how it will be marked. i think demand will pick up. there's nothing like seeing your neighbor's house float away or burn down or have some problems for to you want to go out and buy more coverage in the future, so i think you'll see increased demand. i think pricing will get an extra little boost. i don't know if it's enough to make this a hard market but rates have been moving up because of the losses from last year, but also because of very low investment yield. >> gloria vogel, thank you for joining us this morning. appreciate your perspective. >> thank you. >>> i think we have a shot of seaside heights, where if you remember yesterday, there was a, i guess
allstate, travelers, chubs, aig, hartford, any number of those would have exposure to the northeast. >> what were the other? >> allstate, travelers, chubs, aig, hartford. >> gloria, we have to run, quick question and i know two years does not make a trend, given we have two storms in way we haven't had in many years does that change how insurance is going to be marketed for example up here? >> i don't think it's going to change how it will be marked. i think demand will...
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Nov 2, 2012
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in the tell allstate of ohio, we are there live and will talk to officials to find out who they think is winning. hour two, "fox & friends" friday starts right now. >> steve: good morning, everybody. live from studio e, we've got the great eric bowling from "the five" with us today. >> eric: love it. >> steve: brian taking another day off. meanwhile, president obama and mitt romney are making their final pitches to voters with four days to go until the election. mike emmanuel is live in hilliard, ohio. mike, why is the president spending so much time in ohio, he said with tongue in cheek? >> steve, good morning. three stops in ohio today. you're going to see president obama and key surrogates in the buckeye state basically from this point forward until election day. ohio and wisconsin are clearly part of president obama's midwestern firewall, if you will, trying to make sure that mitt romney does not have a path to get to 260 electoral votes. so expect to see the president here and two other stops later today and having key surrogates try to make sure the buckeye state is in his colum
in the tell allstate of ohio, we are there live and will talk to officials to find out who they think is winning. hour two, "fox & friends" friday starts right now. >> steve: good morning, everybody. live from studio e, we've got the great eric bowling from "the five" with us today. >> eric: love it. >> steve: brian taking another day off. meanwhile, president obama and mitt romney are making their final pitches to voters with four days to go until the...